Are you a homeowner considering placing your property on the spring market? As the seasons shift and the earth heats up, so does the real estate market. Spring is arguably the best time of the year to sell a home, and houses in Okotoks are selling quickly. Newly listed homes are snatched up fast by eager buyers, often drawing multiple offers.
As the homeowner, deciding to place your home during this “seller’s market” could get you an excellent profit. Make the most of your investment by taking advantage of the spring real estate market. Here are 5 things homeowners should know about selling this spring.
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Do Not Go for the Low Ball
Spring brings big numbers for newly placed properties. Homeowners are often able to meet or exceed their asking price. When you place your home, do not be afraid to decline an offer that is lower than your asking price. Many homes are attracting offers from multiple buyers – competition is fierce in Okotoks. If you are not happy with a bid, wait until the right offer amount is placed.
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Be Prepared to Sell Fast
Homes are selling quickly and you should be prepared. When you place your home, be sure that you have already began your own search to buy a new property. Have your affairs in order with moving, work and school. You should not assume that your house will sit on the market for an extended period. Okotoks property is currently highly desirable, and that trend will only increase this spring.
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Spring Competition
With more buyers than available homes, competition is at a seasonal high. Study the prices of other homes in the area to see what they have been selling for, and price your home at a level in which it will attract attention from multiple buyers. Having a few bids on your property will help drive up the price and get you a great return on your investment.
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Buyers are Looking for Spring Appeal
Think “spring” when you are staging your home. Create a bright, welcoming space that is a warm sight after the long, cold months of winter. Buyers will be drawn to a fresh appearance, so decluttering and deep cleaning is critical. Boost your home’s spring curb appeal by investing in some bright flowers and freshening up the paint on your exterior. Be sure your yard is well maintained and ready to attract potential buyers.
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Buyers are Optimistic
Despite the “seller’s market”, where prices are inflated and there are less homes to choose between, buyers looking to purchase a home in Okotoks are optimistic that they will find their perfect property. This is due to the area being so desirable and financing continuing to be easy to obtain for buyers. You can be confident that this attitude from the buying side will lead to a quick sell and profit for you.
Spring is the perfect time to sell your home. If you are considering placing your home on the market this season, visit our seller’s page and contact an Okotoks Real Estate representative.
